Rupee falls 19 paise on trade deficit, rising oil prices

Published: May 18, 2019 12:27:39 AM

The rupee on Friday closed at Rs 70.22 against the dollar, a fall of 19 paise over the previous close of Rs 70.03 on Thursday, primarily on account of a higher trade deficit and rising crude oil prices.

Asian currencies have been under pressure amid the rising trade war between the US and China